Market News

01.17.08

India Moves Forward With Jatropha

In India, the government had designated four companies (D1 Mohan Oils, Shiva Dis...

01.16.08

Soybean Prices Spark Unrest in Indonesia

In Indonesia, police were forced to clear the streets after food riots broke out...

01.15.08

EU To Propose Biofuels Ban

European Union officials will propose a ban on imports of certain biofuels, acco...

01.15.08

Argentine President Cites Global Warming For Fuel Export Ban

Argentina's President Cristina Fernandez de Kirchner is blaming global warming f...

01.14.08

EIA Sees New Production Easing Oil Market

The US Energy Information Administration (EIA) says global oil markets will rema...

01.11.08

Malaysian Palm Oil Council Defends Ads

The Malaysian Palm Oil Council has rejected a ruling by the British advertising ...

01.10.08

China Freezes Energy Prices

The Chinese government responded to growing public anxiety about inflation by an...

01.09.08

Argentina 2007 Biodiesel Exports Reach 320,000 MT

Argentina’s Secretary of Agriculture reported that biodiesel exports totaled 320...

01.08.08

Switchgrass Seen As High Energy Feedstock

A five-year trial of switchgrass shows the crop produces 540% more renewable ene...

01.07.08

Tyson & Conoco Begin Renewable Diesel Production

Tyson Foods and ConocoPhillips’ joint venture to produce renewable diesel from b...

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CBOT Wheat Trades At All Time High

02.26.08

At the Chicago Board of Trade, wheat traded at an all-time high of $12 per bushel, surging more than 25% after Kazakhstan announced it would impose export tariffs to reduce exports. Kazak consumer prices for wheat rose more than 20% in 2007.

Wheat reserves are expected to fall to 109 million bushels, the lowest figures since the 1970s. Spring wheat rose to more than $24 per bushel, while ethanol corn use is expected to increase by 28% to 4.1 million bushels, pushing corn futures for the May contract to $5.53 a bushel.



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